Accelerating the Future of Digital Health and Wellness

As technological progress allows us to work, communicate, and solve problems with an unprecedented level of freedom and convenience, new industries are emerging to serve the growing demand for digital and remote technology. The digital health and wellness sector, in particular, has experienced rapid growth over the past few years.

Tadas Burgaila, CEO at Kilo Health

Kilo Health Co-Founder and CEO Tadas Burgaila attributes part of this surge in popularity to a general frustration with many elements of the traditional health and wellness industry. “Traditional in-person health and wellness solutions are often as expensive as they are inconvenient,” he says. “When costs are so high, choosing a treatment path that you can’t guarantee the efficacy of can be a risky undertaking.”

Kilo Health Is Bringing a New Era of Wellness Technology

Tadas Burgaila is the Co-Founder and CEO of Kilo Health, a premier digital health and wellness company working to bring the industry into a new era by building the next generation of wellness technology businesses and products. The company was founded with a noble intent; they want to promote the development of lifestyle interventions that can improve a person’s quality of life by preventing, managing, or treating various health conditions.

The business has a great appetite for opportunities, lots of new ideas, and the capacity to accelerate innovative companies and products via established business development, technology, and marketing platform. Since its founding in 2013, the company has grown from a small team of just 7 employees to over 500.

Kilo Health currently boasts over 4 million paid users worldwide. Though most of their clients are based in the United States, paying customers of Kilo Health can be found in 232 countries and territories worldwide. The team credits their considerable reach to the platform’s innovative technology and effective digital marketing functionality. Burgaila claims that Kilo Health can offer an unprecedented level of support for creative thinkers and innovators working on designing the next great digital health product.

How Kilo Health Accelerates Startups and Advances the Industry

Kilo Health breaks its pursuits into four primary categories. The first of these is developing and designing its own unique digital health and wellness products. As of 2021, they have a strong portfolio of well-performing products in the digital health and wellness market. These products are already used by over 4 million customers globally, and the team expects that number to rise as they develop more innovative digital health tools.

Currently, the team is focusing on creating products that could help people manage their chronic conditions. The company’s next pursuit is Kilo Health’s Co-found initiative. It was designed to enable mature entrepreneurs to build health tech startups fast, using the advantages of the Kilo Health business development, technology, and marketing platform.

Another goal is accelerating startups. Over the past 12 months alone, Kilo Health has already invested millions into other health tech startups, and they’re always looking for more opportunities to accelerate innovative startups in the same industry.

The company also helps support entrepreneurs and startups with the Kilo Academy. Kilo Academy was created to give people an opportunity to get a headstart on their tech career path in the digital health and wellness sector.

The Future of Digital Healthcare

With advancements in communication technology making remote interactions more convenient and productive than ever before, great changes are already underway in the health and wellness industry. While digital doctor’s visits may not completely replace in-person appointments for diagnosis or treatment of serious medical issues, there are many situations that don’t necessitate a physical interaction and can be accomplished from the comfort of home. The trend toward remote care will also make it easier for patients with mobility troubles to get the care they need.

Kilo Health has also joined the Digital Therapeutics Alliance to help build the future of such healthcare. Kasparas Aleknavicius, Kilo Health’s Head of Medical Affairs, has a surprising prediction for the industry. “In the future, it’s going to be the opposite of the way it is now,” he claims. “We won’t call a doctor after something starts to ache, but before. If there are any issues with our bodies, sensors and software will alert us in advance, allowing us to take preventative measures to avoid any kind of discomfort. This kind of technology is already being developed, and with time, it will get more accurate and more effective.”

Originally posted on: https://markets.businessinsider.com/news/stocks/kilo-health-accelerating-the-future-of-digital-health-and-wellness-1030878342

Kilo Health is one of the leading digital health and wellness companies, co-founding and accelerating start-ups in a rapidly growing digital health industry.